The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-08

Options opened la lac lower, and closed firm.
with decline partly recovered. Receipts, H. 100
Blu; exports, 537 bu; sales, 824 600 bu futures
err 40 049lc in elevator; No. 2, 494c in elevator,
50Ac delivered; No. g March, 494 % SOC, closing at
49Ac; April, 40 a soc, closing at 49sc May, 494 q
sole, closing at 49sc; June, 49s 504c closing at
49sc.
Oats shade easier and fairly active receipts.
$4,000 Blu; exports. 1,65o bu; sales; 3O5. 600 bn
futures and 102. 900 bu spot; mixed Western, 30
037c; white Western. 370 42c.
Hay steady; demand fair.
Hops unchanged.
Coffee-Spot fair firm. 1870 Options stronger
and active; sales, LA. 500 bags March, 100
l305c; April 1890 013c; May, r. SO IL. Csc;
June and July, 1929 13. 10c: August, $50
November. 10 csc; December, 1905 013 1oc.
Sugar firm; fair to good refining quoted at
4 1894 11-16c; refined steady; extra G, 49c:
confecsioner.' A, 9,1605sc; mold A, pc;
6sc; powdered, 5 13-l6064c; granuiated, SIC;
cubes. SIC. Moasses dull. Rice steady.
Pork firm and in moderate request; mess,
$15. 25 q Is. 70. Cut meats firm; picked bellies,
closed firm with decline recovered: Western
steam spot, Z 67a 7Cc; April, 76S al 74c; May.
7.78 SOC; June. 77S 7s6c; July, 1855 ~. 90c;
city steam. 1907 al 40c
Butter firm and in fair demand for choice
grades. Cheese quiet and steady. Eggs dull and
easier; receipts, 7,723 packages; Western fresh,
| 164 tic.
Copper quiet Lead steady Tin quiet. Other
articles unchanged.
CHICAGO. March 7-Wheat-Prices were
moderately firm at the opening this morning,
but heavy selling orders caused break of 1sc
| during the middle session. In the afternoon
| there was frantic effort made by 'shorts" to
cover their sales, and with very free purchases
| by several prominent "bullb spectators, the
price for May delivery touched 934c, the highest
| point since the recent big decline in prices sci
| in. One of the features of the advance was that
! during the greater portion of the session the
difference between May and June was exactly
| lie, but this gradually was wiped out and May
| closed in the latest trading &c higher thar for
| June delivery. There was very great excitement
| In the pit when the market began to move up on
| the afternoon board, the bidding being so active
| and strong as to convince many shorts
| that a powerful clique possibly had con-
! troll of the market, and that prices
had only commenced to move up. The first
estimates as to the visible supply placed the de-
crease as high as $1,000 600 bushels. but the act
| ual decrease found to be ], SAG. 900 bushels,
which was somewhat disappointing to many OF
| the traders. The cable advices were favorable
| to holders. The export clearings from three
ports were 271 900 bushels receipts in the North
| trading in corn, but values were weak and low
err There was more pressure to sell, while the
demand was light. Prices broke off 1sc from
Saturdays closing pricss but rallied &c, closing
| for the day SC lower than Saturday. The re-
ceipts we're larger. while the shipping demand
| was fair. Oats were only fairly active and
ruled shade easier, but finally closed at Satur-
| days figures. Trading in mess pork was limited
| to settling up May and June contracts at about
| previous figures. Lard and short ribs opened a
shade higher, but finally closed without any
marked change from Saturdays quotations. The
leading futures ranged As follows: